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Millionaires Unveiled

135: Net Worth of 30M - "I Want Control Over my Assets" - 3,700 Apartment Units

Millionaires Unveiled

Jace Mattinson

Investing, Millionaire, Financialplanning, Business, Self-improvement, Education, Finance

4.8872 Ratings

🗓️ 26 May 2020

⏱️ 53 minutes

🧾️ Download transcript

Summary

Tim Bratz is today's guest and has a current net worth of 30 million dollars. 97% of his net worth is composed of multifamily real estate. He owns and operates about 3,700 units and has a portfolio value of nearly $300 Million. He's 34 years old and reached his first million at age 29. Tim shares how he got involved in real estate, the structure of his investments, and three rules for successfully investing in real estate.

Transcript

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0:00.0

I'd rather have control over my assets and if I'm going to win it's because of me if I'm

0:06.2

going to lose it's because of me you know I can take a hundred percent ownership over it.

0:10.4

You're listening to the Millionaires Unvealed Podcast, where you'll hear the stories and

0:16.1

interviews of everyday millionaires.

0:19.2

We'll unveil their decisions, their strategies, and their current portfolio allocation.

0:25.0

Now to your hosts, Clark Sheffield and Jace Matinson.

0:30.0

All righty, welcome back to another episode of the Millionaires Unveiled Podcast.

0:37.0

This is episode number 135.

0:41.0

Jace, what's going on? How are doing great man how you doing doing good hanging in there hanging in there everything's going well with us

0:47.2

We were talking a little bit about the show we just had a interview with someone that's coming out with a new book so there's still there's

0:52.8

still things moving along here right yeah totally I think for the most part here

0:57.3

in Texas we're getting back to some sort of normal took my kids at the pool today for the

1:02.0

first time this summer I guess spring,

1:05.0

spring summer, whatever you want to call it for us.

1:06.7

It's already summer when it's 90 degrees, but that was nice and refreshing

1:11.0

to take them there.

1:12.2

We went to private pool a couple different times over the

1:16.0

last month but this was you know or a neighborhood more public pool. So getting

1:21.0

ready to kind of get back to some normal and I think, you know, continue to

1:24.9

hopefully slow the spread and, you know, I think we're going to have some favorable outcomes

1:30.8

here in the near future.

1:32.0

You guys are starting to get more cases though in Texas, right?

...

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